Question

134 A financial analyst believes that if interest rates decrease in a given period then the
probability that the stock market will go up is 0.08. The analyst further believes that
interest rate have a 0.40 chance of decreasing during the period in question. Given the
above information, what is the probability that the market will go up and interes: rate
will go down during the period in question?

Answer 1

The probability that the market will go up and interest rate will go down during the period in question is 0.03.

What is the probability?

Probability determines the chances that an event would happen. The probability the event occurs is 1 and the probability that the event does not occur is 0.

The probability that the market will go up and interest rate will go down  = 0.08 X 0.40 = 0.03

To learn more about probability, please check: https://brainly.com/question/13234031

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